Buy at marked zone Hold for one year and 7 months Use tight stop below entry zone
Next resistance is at 147.65 Sell limit at 147.65 towards 126.27 First trade = Buy entry with TP at 147.6 Second trade = Sell limit at 147.65 TP = 126.27 zone Manage risks responsibly
The current market decline is not a cause for panic, rather it sets the base for a new cycle. The current 17-year stock market cycle origin is anchored at the 09/02/2016 low. 20th March 2023 completes the first 7 year section within the 17-year cycle. 3rd October 2022 is the first low axis to form the base, that is, 03/10/2022 is the first point to expect a...
The current market pattern is a bottoming pattern completing the 50-year decomposition cycle from February 1973. The first square ABCD of the cycle completed between February 1973 to February 1993, a 1040 X 1040 square (20 years). This square fixes the first price axis terminal point at 1.823800 level which is 656.4 points from the October 1973 top of the...
Airline stocks have see a massive hit since the current economic downturn but could it be the climax basing for the next cycle The 13-year cycle from 2008 completed a 661 week trend and market is forming a base for a 5-year bull market. Repeating market patterns give us a clue of what we can project after completion of the cycle 1896 - 1903 7-year cycle 10/2004...
The square represented as PQRS on the chart is the ending phase of a 3 stage decomposition process from the 1972 origin. We have indicated just a small section of the growth for now, the ending phase is the magnitude PU between October 2000 to June 2016 The terminal point is the node at point U which is also the origin of the new cycle. The smallest cycle in the...
Short from any of the resistances above with reasonable stop loss PT = 9194 level
Projecting the price action for the current correction points to a first major support at 3454 level Currently price will advance steadily for a while now before it begins the next down trend Use strict stop loss Trade safe
The ending topping pattern of the current cycle has a 402 weeks projection completing on 26/09/2022 Price from the first top in 2015 dropped 568.51 points which is 1.4142 ratio expansion of the square's vertical magnitude. That was also 57% correction of the entire advance from May 2000, Currently the square ends on 26/09/22 and price is hovering around the 0.618...
Accenture is one of the stocks that tracks a replica of the DJIA structure The price-time magnitudes show two wave XS and SV having a ratio of 1.618 : 1 Both points on 08/2015 and 12/2021 are nodal points within the current 17-year cycle. The progression of the two ratios provides a range within which we can model the magnitude of the corrective wave The...
Price decomposition phase from 2008 has maintained a well structured pattern. The price ratios unfolding are 1.272 and 1.4472 (a square + inverse of root 5) The only ratio not present yet is the 278 points decline which is 1.272 progression of 219 points (219 + 2pts = 221) The 2018 - 2020 decline made 191.98 points decline which is a fractional part of the total...
The current square PQRS is a 1008 X 1008 units sides Origin is from the low in 2019 Price axis is measured from the 2019 low 790.65 Time is measured in trading days The cycle has a typical ending diagonal as in Elliot's wave pattern Trade with care, good luck
Projecting the next time axis 987 trading hours from the cycle high Maintaining the golden ratio between price and time we can also project the 610.00 points from the high by scale of 10. Currently price action is completing the first side of the 5th cycle, also the second in the next set of cycles. Please check back for a detailed analysis where we project the...
In this analysis we looked at the growth pattern of the completed 1.618 structure, We are also projecting an expansion of the structure keeping the ratio between price and time constant with minimal variation. Trade safe, good luck
In this analysis we are looking at the hourly cycles formed in the market. This analysis uses the active data from the stock index only, i.e, the active trading hours and exact price levels without the off market activity provided by broker sites. In this analysis 3 cycles completed with low-to-low magnitudes 357.18, 262.38 and 175.74 units. The containment...
Buy at market open Tight stop loss reasonably below 11692 Time lines to watch are the 891 trading hours and 987 hours mark Good luck
Hello everyone, In this analysis we looked at the price and time structure that formed in price action from the October 2002 low to the recent high in November 2021. Price range from the low 795.25 to the high 16764.86 was 15969.61 points 16764.86 - 795.25 = 15969.61 units Using a price scale of Price/10 : 15969.61/10 = 1596.961 units Time range from low to high...
This is an introductory analysis into the dominant cycle and the internal structures formed within the cycles. The pattern from the 1985 low has followed a recurring 60 degrees cycle structure. Each cycle traveled along a 2-dimensional square face with varying phase angles. The geometric structure formed as the cycle unfolds is a 6-sided cubic figure with sides =...